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2 star

Union Largecap Fund - Regular Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.56 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -9.69 0.20 0.29 7.56 17.68 -10.71 -4.63 0.13 -- -- --
S&P BSE 100 TRI -10.27 0.33 0.46 8.11 19.98 -11.55 -5.47 3.38 -- -- --
Equity: Large Cap -10.05 0.30 0.30 7.18 17.54 -11.29 -5.11 2.94 -- -- --
Rank within category 33 92 74 59 57 32 45 71 -- -- --
Number of funds in category 111 114 114 114 112 111 107 87 68 62 48

As on 13-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Largecap Fund - Regular Plan
2 star
May-17 -4.63 0.13 -- 2.55 175
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 -6.20 2.20 5.96 1.73 22,875
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 -5.10 3.41 7.86 1.66 16,381
Axis Bluechip Fund  | Invest Online
5 star
Jan-10 1.54 8.81 8.49 1.79 14,522
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 -5.81 3.90 5.93 0.17 2,362

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.68 (01-Apr-2020 - 09-Apr-2020) -18.34 (11-Mar-2020 - 18-Mar-2020)
Month 21.15 (23-Mar-2020 - 22-Apr-2020) -35.76 (20-Feb-2020 - 23-Mar-2020)
Quarter 34.11 (23-Mar-2020 - 22-Jun-2020) -35.93 (23-Dec-2019 - 23-Mar-2020)
Year 16.27 (30-Oct-2018 - 30-Oct-2019) -31.04 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.68 19.61 -0.18 -0.21 0.93 -3.66
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.80 20.27 -0.02 -0.03 0.95 -0.55
Rank within category 76 18 79 78 18 76
Number of funds in category 86 86 86 86 86 86

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Stocks (%) 55.29
Top 5 Stocks (%) 35.01
Top 3 Sectors (%) 59.18
Portfolio P/B Ratio 2.77
Portfolio P/E Ratio 21.75

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,15,995 1,92,152
Giant (%) 78.36 66.84
Large (%) 18.00 23.00
Mid (%) 3.30 9.85
Small (%) 0.34 3.12
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 21.76 10.37 6.96 9.22
down Reliance Industries Energy 33.24 9.77 0.00 8.13
down HDFC Financial 14.94 8.03 0.00 6.53
equal ICICI Bank Financial 23.93 7.50 0.00 5.57
equal Infosys Technology 20.45 7.88 0.00 5.56
equal Tata Consultancy Services Technology 26.68 6.56 0.00 5.39
up ITC FMCG 15.86 7.71 0.00 4.00
equal Bharti Airtel Communication -- 3.99 0.00 3.77
equal Kotak Mahindra Bank Financial 30.75 5.53 2.06 3.63
equal Hindustan Unilever FMCG 78.80 5.20 0.00 3.49
equal Larsen & Toubro Construction 13.65 8.54 2.97 3.33
equal Maruti Suzuki India Automobile 31.89 8.00 1.89 2.48
equal Axis Bank Financial 67.06 3.81 0.00 2.30
equal BPCL Energy 26.98 2.13 0.00 2.13
equal Bajaj Finance Financial 37.01 6.68 1.20 1.62
equal Asian Paints Chemicals 60.48 3.60 0.00 1.60
equal State Bank of India Financial 8.70 3.29 0.00 1.53
equal Nestle India FMCG 80.52 5.20 0.00 1.45
equal Titan Company Cons Durable 57.12 1.61 0.00 1.43
equal Mahindra & Mahindra Automobile 543.97 2.24 0.00 1.30
equal Ultratech Cement Construction 18.80 3.81 0.00 1.26
equal Cipla Healthcare 33.27 2.45 0.00 1.25
equal Sun Pharmaceutical Inds. Healthcare 31.84 4.03 0.00 1.24
equal Eicher Motors Automobile 29.36 3.38 0.00 1.17
equal Divi's Laboratories Healthcare 43.11 1.32 0.00 1.08

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Vinay Paharia since 28-Jun-2019

Education: Mr. Paharia holds a B.Com degree from Narsee Monjee College and an M.M.S. degree from Welingkar Institute of Management, Mumbai.

Experience: Prior to joining Union Mutual Fund he was associated with Invesco Asset Management Company, L&T Mutual Fund, K R Choksey Shares and Securities Pvt Ltd (Jan 2004-Jan 2006), First Global Stock broking Pvt. Ltd (Jun 2002-Jan 2004).

Interviews:

Funds Managed:

— Hardick Bora since 21-Jan-2020

Education: Mr. Bora is a CFA charterholder with the CFA Institute, USA and Bachelors in Banking and Insurance from University of Mumbai.

Experience: He has been with Union KBC Mutual Fund since Sep10, 2014 to Oct 24, 2016 as Research Analyst. Nov 2012 to Sep 2014 with Motilal Oswal Securities Ltd. as Sr. Manager - Institutional Research, Oct 2011 to Nov 2012 with Dolat Capital Markets Pvt Ltd. as Research Associate, Feb 2011 to Oct with Khandwala Securities Ltd. as Research Associate, Jul 2010 to Nov 2010 with Yen Management Consultants Pvt. Ltd. as Consultant, Jan 2008 to Jan 2010 with Yen Management Consultants Pvt. Ltd. as Assistant Manager and Apr 2006 to Jul 2006 with 3 Global Services Pvt. Ltd. as Customer Care Advisor.

Funds Managed:


0.20%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 10.2500

Dividend: ₹ 10.2500


Investment Strategy

The scheme seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 11-May-2017
Return Since Launch: 0.78%
Benchmark: S&P BSE 100 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 175 Cr (As on 30-Jun-2020)
Expense: 2.55% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: Below Average
Turnover: --

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: http://www.unionmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM